It has been a whirlwind year for the Open AI-backed, generative AI legal tech startup Harvey, which went from a $5 million seed round in November 2022 to a $21 million Series A in April 2023 to an $80 million Series B in December 2023 at a valuation of $715 million. It was a year […]

A new award announced today is intended to recognize and celebrate the visionary contributions shaping the future of knowledge management and innovation in the legal profession. Called the LexPrize Innovation Award, it will be presented at the Knowledge Management & Innovation for Legal (KM&I) conference taking place in New York City in October. Conference organizer […]

Courtroom Insight today launched Matter Connector, a product that delivers normalized docket data from multiple sources to the knowledge management platform Litera Foundation and to other law firm systems. Matter Connector enables law firms to centralize docket data from major providers, such as LexisNexis, Lex Machina and vLex Docket Alarm, through one unified connector. Using […]

According to Upsolve, a nonprofit company whose technology helps low-income individuals file for bankruptcy for free, Americans owe $1.77 trillion in student loan debt — 93% of it to the federal government. Since 2017, Upsolve’s debt relief tools have helped more than 13,000 individuals erase more than $750 million in debt. But, due to the […]

In a pair of AI announcements this week, LexisNexis said that it has significantly enhanced the speed and capabilities of its Lexis+ AI legal AI Assistant, and also that it has launched the commercial preview of Nexis+ AI within its Nexis news and business information research service. LexisNexis first released Lexis+ AI for general availability […]

You may have noticed of late that many of your video meetings have an unfamiliar attendee — a meeting bot, invited by one of the human participants, that produces a recording or transcript when the meeting is over. But while there are several such products on the market, none have been developed to meet the […]

Almost exactly one year ago, a new legal tech startup, The Contract Network, came out of stealth, with a mission to “radically accelerate the time for contract negotiations” through an AI-powered contract collaboration platform where all parties to a deal engage in a secure and neutral environment. The company’s cofounder and CEO, Jim Wagner, is a legal […]

Live today on Legaltech Week, the panel will be joined by special guest Jake Heller, cofounder of Casetext and now head of product, CoCounsel, at Thomson Reuters, to discuss the news announced earlier this week that Thomson Reuters will deploy the CoCounsel AI assistant as a single app across its entire portfolio of products spanning […]

Four years. No institutional capital. An incredible co-founder. Tenacious execution. Lucky timing. And a belief that what we were doing was important. Simply put, it was as rollercoaster. Dashboard Legal was born from a need I remember sitting on the 45th floor of Bank of America Tower, 7 years into a corporate biglaw career, and […]

Debuting today is a new product, KLapper, that is a DIY legal virtual assistant builder, powered by generative AI, and designed specifically for law firm knowledge management and innovation teams. Developed by KLoBot Inc., a company that develops knowledge management technology for the legal industry, KLapper was developed to enable users to easily design, train […]

ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla. Founded in 2022, ClaimScore says it is the only software product dedicated to resolving the problem of claims […]

Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and fraud, […]

With so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. In addition, it is the first LLM […]

Every year, the International Academy of Digital Arts & Sciences (IADAS) hands out its Webby Awards, which honor excellence on the internet and recognize influential creators and brands. There are actually two awards — The Webby Award selected by IADAS and The Webby People’s Voice Award, voted on by the online community of people like […]

The global legal research company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a response. Also today, vLex said it has […]

Thomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights. TR says that, by providing developers with API access to its data and insights, the portal should serve as […]

Two teams of law students, as part of their education at Brigham Young University Law School, have developed applications targeting issues of access to justice, and today, on the last day of classes, they will showcase what they have built at a special event expected to be attended by members of the local legal and […]

While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Inevitably, for whatever reason, some products fail. But one thing for certain is that while some products shut down with a whimper, others go […]

If you missed it last Friday, here is Legaltech Week for April 5, 2024. Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more. You can always catch all prior episodes as a podcast or on YouTube. In addition to regular panelists Niki Black, Caroline Hill and […]